Taxes

Asian shares rose Thursday, led by Japan, while oil prices were steady despite a second straight day of overnight losses on Wall Street.

The Obama health care law's requirement that Americans get insurance coverage is now pinned as a target of Republican lawmakers, as they look to end the individual mandate to help pay for deep cuts in their tax legislation.

___ Republicans set stage for crucial tax overhaul votes WASHINGTON (AP) — A sweeping tax overhaul has cleared a procedural hurdle in the House.

Shares fell in Asia on Wednesday, with Japan's Nikkei 225 index slumping 1.6 percent after a lackluster GDP report for July-September.

As Republicans stake their claim to middle-class rescue in tax cut legislation deemed to carry tax hikes for millions, President Donald Trump plans an in-person appeal to lawmakers as the proposal faces a crucial vote in the House.

U.S. Senate Republicans on Tuesday linked repealing a key component of Obamacare to their ambitious tax-cut plan, raising new political risks and uncertainties for the tax measure that financial markets have been monitoring closely for months.

___ Senate GOP insisting on Obamacare repeal for tax overhaul WASHINGTON (AP) — Senate Republicans said Tuesday they are intent on a repeal of the Obama health care law requirement that Americans get health insurance, as a way to pay for cuts in corporate taxes and individual rates.

Republican U.S. Rep. Bruce Poliquin said Tuesday he's going to vote for a tax overhaul that avoids a late suggestion by President Donald Trump to lower the top rate on high-wage earners.

Sen. Rand Paul (R-Ky.), who returned to Capitol Hill on Monday, said on Twitter that he planned to introduce an amendment to the Senate’s tax bill that would repeal the individual mandate and remedy some of the losses incurred from eliminating state and local tax deductions.

Asian shares were lower in languid trading Tuesday as investors watched for tax reform developments in the U.S. and digested weak manufacturing data from China.

US stocks are wavering between small gains and losses in early trading Monday.

The Latest on tax legislation (all times local): 10:15 a.m.

Puerto Rico's governor is asking the federal government for $94.4 billion as the island struggles to recover from the damage inflicted by Hurricane Maria.

It's probably a lot less than you think.

FBN's Stuart Varney weighs in on Democrats' obstruction to President Trump's push for tax reform.

Former Council of Economic Advisers Chairman Jason Furman said Monday the U.S. doesn’t have enough money to pay for President Donald Trump’s proposed reduction of the corporate tax rate.

Rep. Peter King weighs in on the House GOP tax reform bill.

Republicans in the U.S. Senate rolled out their version of a tax plan this week and left one controversial provision untouched: carried interest.

The House and Senate tax overhaul plans are broadly similar, but crucial differences are creating headaches for Republican leaders determined to keep myriad interest groups and factions of the GOP satisfied.

Wisconsin Gov. Scott Walker and Foxconn Technology Group Chairman Terry Gou have signed off on a $3 billion contract for the Taiwanese company to build a massive display-screen factory in southeast Wisconsin.